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Green up formula

  1. #1
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    Green up formula

    Hi

    hoping someone can help me

    I currently have a formula for greening up when betting. this formula is:

    Back price * back stake / Lay price

    This gives me the lay stake when I've already backed at a given price and odds and know the current lay odds. However, on an exchange sometimes not all of my lay bet will be fulfilled due to liquidity. In this instance, I may have laid part of the required amount to green up but then require to lay again at slightly higher odds. With this in mind, can anyone help as to how I green up when placing a second lay?

    I also have this posted at mrexcel.com

    thank you!
    Last edited by nickm84; 07-16-2016 at 03:38 AM.

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    Re: Green up formula

    Your post does not comply with Rule 8 of our Forum RULES. Do not crosspost your question on multiple forums without including links here to the other threads on other forums.

    Cross-posting is when you post the same question in other forums on the web. The last thing you want to do is waste people's time working on an issue you have already resolved elsewhere. We prefer that you not cross-post at all, but if you do (and it's unlikely to go unnoticed), you MUST provide a link (copy the url from the address bar in your browser) to the cross-post.

    Expect cross-posted questions without a link to be closed and a message will be posted by the moderator explaining why. We are here to help so help us to help you!

    Read this to understand why we ask you to do this, and then please edit your first post to include links to any and all cross-posts in any other forums (not just this site).
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    Re: Green up formula

    Quote Originally Posted by nickm84 View Post
    I also have this posted at mrexcel.com
    Quote Originally Posted by AliGW View Post
    ...please edit your first post to include links to any and all cross-posts in any other forums (not just this site).
    Reiterating Ali's request, you need to provide links to your thread(s) in any other forums, not just provide us with the name of the site.

    I'm not entirely convinced that your thread title meets the requirements of the rules either, it doesn't accurately describe your problem to anyone, like me, who doesn't know gambling terminology, I thought 'Green up' was a new way of saying 'to make something environmentally friendly'.

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    Re: Green up formula

    Please take a moment to read the forum rules and then amend your thread title to something descriptive of your problem - not what you think the answer might be. (think google search terms?). Once you have done this please send me a PM and I will remove this request. (Also, include a link to your thread - copy from the address bar)

    Many members search our previous posts, and thread titles play a big part of the search. I doubt anybody would do a search based on your title?

    To change a Title on your post, click EDIT POST then Go Advanced and change your title, if 2 days have passed ask a moderator to do it for you.

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    Re: Green up formula

    Quote Originally Posted by jason.b75 View Post
    ....................................

    I'm not entirely convinced that your thread title meets the requirements of the rules either, it doesn't accurately describe your problem to anyone, like me, who doesn't know gambling terminology, I thought 'Green up' was a new way of saying 'to make something environmentally friendly'.
    I thought it was instructions for laying sod.
    Dave

  6. #6
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    Re: Green up formula

    I was thinking it was how to make them more energy efficient

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